"Great institutions are not managed; they are led" - explain what this means
A)Managers should set goals and objectives and allow their teams to determine the most appropriate manner in which to attain these goals and objectives.
B)Managers are able to recognize the current paradigms that govern our behaviour and shift to a new paradigm.
C)Mental pictures, usually unconscious, that serve to organize knowledge insome systematic fashion.
D)Companies need to ensure that their entire supply chain meets reasonable working conditions and standards, at the least to protect their reputations that can be easily and quickly destroyed

Question

Quizplus · Accepted Answer

This quote suggests that leadership is more important than management in creating great institutions. Leaders inspire and guide their teams towards a shared vision, while managers focus on executing tasks and achieving goals. Great institutions are shaped by strong leadership that empowers individuals to work together towards common goals, rather than just managing their actions.

"Great Institutions Are Not Managed; They Are Led" - Explain